Florin Court Capital LLP Sells 18,079 Shares of KraneShares Global Carbon Strategy ETF $KRBN

Florin Court Capital LLP cut its holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 36.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 31,639 shares of the company’s stock after selling 18,079 shares during the period. KraneShares Global Carbon Strategy ETF accounts for 0.8% of Florin Court Capital LLP’s investment portfolio, making the stock its 28th largest holding. Florin Court Capital LLP’s holdings in KraneShares Global Carbon Strategy ETF were worth $1,025,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of KRBN. Jane Street Group LLC raised its holdings in KraneShares Global Carbon Strategy ETF by 26.0% during the 1st quarter. Jane Street Group LLC now owns 177,537 shares of the company’s stock valued at $5,010,000 after acquiring an additional 36,676 shares during the period. WBI Investments LLC raised its stake in shares of KraneShares Global Carbon Strategy ETF by 45.0% during the 2nd quarter. WBI Investments LLC now owns 67,357 shares of the company’s stock valued at $2,000,000 after purchasing an additional 20,905 shares during the period. PFG Investments LLC bought a new stake in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at $320,000. Riverwater Partners LLC lifted its holdings in KraneShares Global Carbon Strategy ETF by 2.0% during the 2nd quarter. Riverwater Partners LLC now owns 91,135 shares of the company’s stock worth $2,706,000 after purchasing an additional 1,752 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in KraneShares Global Carbon Strategy ETF during the 3rd quarter worth about $49,000.

KraneShares Global Carbon Strategy ETF Stock Up 1.1%

KRBN stock opened at $35.28 on Wednesday. The stock has a 50-day simple moving average of $35.04 and a two-hundred day simple moving average of $33.15. KraneShares Global Carbon Strategy ETF has a twelve month low of $24.90 and a twelve month high of $36.50.

KraneShares Global Carbon Strategy ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were issued a dividend of $0.6732 per share. This represents a yield of 191.0%. The ex-dividend date of this dividend was Monday, December 22nd.

KraneShares Global Carbon Strategy ETF Profile

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.